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Dec 7, 2012 11:30pm PST
report is out and it beat expectations. it shows the economy added 146,000 jobs. many predicted fewer than 100,000 jobs. the unemployment rate fell to a four year low, 7.7%. that is down from 7.9% in october. the news on jobs drove up the dow today, the dow is up 81 to 13,155. the nasdaq is down 11 at 2,978. concerns about apple's future were blamed. >> how the tech industry is helping local businesses expand. >> temperatures in the mid-40s tomorrow. the changing conditions you can expect. >> and >>> a skateboarder died after being struck by a vehicle. it happened at 4:30 p.m. police say the skateboarder a 41-year-old was -- 21-year-old was in a cross walk when he was struck. >>> police are warning women to be on alert as they search for a man responsible for raping two women and attempting to assault a third. ktvu's amber lee asked police why it took them months to alert the public. >> reporter: we are on 23 street where the attacks took place. the owner of this business asked us for this flier so she could make copies to alert the neighborhood. >> reporter: she run as money transfer
Dec 7, 2012 7:00pm PST
showing the u.s. economy add 146,000 jobs last month. many predicted less than 100,000. the unemployment rate fell to a 4-year low of 7.7%. down from 7.9% in october. that report helped lift the dow that ended the day 81 points higher. not enough to boost the nasdaq that lost 11 points because of apple that declined 2.5%. >>> a report shows a surprising bang from the big bucks behind technology. silicone valley tech workers are creating more jobs simply by having one. >> reporter: lunchtime at the retail center in san jose can look like a race to eat with hungry workers from tech companies bringing their wallets and appetites. >> we to them a lot. deliveries, pick up orders, give them a big discount. they order from us a lot. >> reporter: a new report shows for every one high-tech job, 4.3 additional jobs and the local goods and services economy are created in the same region. >> anywhere you see concentration of high-tech workers you will see various other services pop up around them. restaurants, coffee shops, and, hair-cutting salon. various other services that workers demand. >> se
Dec 3, 2012 11:30pm PST
as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a fractioned recovery. >> reporter: chrysler led detroit based automakers, up 14%. >>> the silicon valley auto dealers association represents about 60 santa clara county dealerships. the group won't have november numbers for another couple of weeks, but says so far this year, it's beating the national trend. >> certainly, we're seeing increased sales. again, some 25% year to date this year. >> reporter: this family owned buick dealership sold six cars over the weekend, including an acadia suv. they call that a good weekend, especially considering the rain. >> the whole question of what's going to happen in washington with these negotiations about taxes and entitlements is a big question mark. if
Dec 2, 2012 11:30pm PST
containerships have been moved. shippers are saying it is costing the u.s. economy as much as $1 billion a day. >>> in our continuing cover repblg of the if fiscal cliff, treasure secretary bluntly re-- continuing coverage of the fiscal cliff. treasure secretary bluntly reject today. >> they cost $1 trillion over 10 years and no possibility that we are twoing to find going to get it without it going back up. >> seven weeks between election day and the end of the year. and three of those weeks have been wasted. >> the house speaker want on to say he was flabbergasted by the plan. they say tell take another week for serious negotiations to begin. >>> the supreme court may announce tomorrow if it will review california's prop 8 case over same sex marriage. the justices met behind chosed doors on friday but took no action on prop 8 or other casees. if the court declines to review prop 8 it will be immediately legal for same sex couples to marry in california f. it takes it up for review a final decision can change it up in every state. >> lawmakers in sacramento begin a new section with promises n
Dec 5, 2012 11:30pm PST
the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. i
Dec 8, 2012 11:30pm PST
it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two dozen teens work on ideas at castro library this afternoon. >> it's really interesting ideas at inspection and around places like parks. >>> the winning app is called book it and would allow users to reserve materials remotely. >> congratulations to them. >>> a c
Search Results 0 to 5 of about 6